Finland (FIN) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Finland-Chinese Taipei Trade: In 2022, Finland exported $340M to Chinese Taipei. The main products that Finland exported to Chinese Taipei were Cars ($34M), Nickel Powder ($33.9M), and Kraft Paper ($28M). Over the past 5 years the exports of Finland to Chinese Taipei have increased at an annualized rate of 9.17%, from $219M in 2017 to $340M in 2022.

In 2022, Finland did not export any services to Chinese Taipei.

Chinese Taipei-Finland Trade: In 2022, Chinese Taipei exported $654M to Finland. The main products that Chinese Taipei exported to Finland were Integrated Circuits ($294M), Iron Fasteners ($38.8M), and Office Machine Parts ($26.8M). Over the past 5 years the exports of Chinese Taipei to Finland have increased at an annualized rate of 14.4%, from $334M in 2017 to $654M in 2022.

In 2022, Chinese Taipei did not export any services to Finland.

Comparison: In 2022, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $340M to Chinese Taipei. The main products exported from Finland to Chinese Taipei were Cars ($34M), Nickel Powder ($33.9M), and Kraft Paper ($28M). During the last 5 years the exports of Finland to Chinese Taipei have increased at an annualized rate of 9.17%, from $219M in 2017 to $340M in 2022.

In 2017, Chinese Taipei exported $654M to Finland. The main products exported from Chinese Taipei to Finland were Integrated Circuits ($294M), Iron Fasteners ($38.8M), and Office Machine Parts ($26.8M). During the last 5 years the exports of Chinese Taipei to Finland have increased at an annualized rate of 14.4%, from $334M in 2022 to $654M in 2017.

Exports from Finland () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Finland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Chinese Taipei
Top DestinationChina$121B

This map shows whether countries import more from Finland or Chinese Taipei. Each country is colored based on the difference in imports they receive from Finland and Chinese Taipei or the difference in the growth in imports.

In 2022, countries that imported more from Finland than Chinese Taipei included Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

In 2022, countries that imported more from Chinese Taipei than Finland included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Finland () (2022)

Comparative Advantage Finland - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Finland and Chinese Taipei by product, considering products traded by both, Finland and Chinese Taipei.

During 2022, Finland had a large net trade with Chinese Taipei in the exports of Machines ($79.7M), Paper Goods ($74.6M), and Metals ($71.2M).

During 2017, Chinese Taipei had a large net trade with Finland in the exports of Machines ($451M), Metals ($84.1M), and Transportation ($37.9M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Finland and Chinese Taipei. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Finland.

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Finland () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Finland () (2022)

Comparative Advantage Finland - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Chinese Taipei () (2022)

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